In this article, we will show you how to account for an employee benefit in the form of a Multisport card.

Consider an example where the company covers CZK 400 and the employee pays CZK 400 themselves. This example is purely illustrative.

Purchasing Multisport cards

Accounting example

Employee payroll deduction

We enter the invoice from Multisport in the standard way under received invoices:

Multisport cards have been classified as so-called multi-purpose vouchers since 2020 and are therefore not subject to value added tax. Previously, they represented a tax-non-deductible expense for the company.

The issuance of Multisport cards is then posted as follows, for example:

issuance of cards – 50% employees 335/213
issuance of cards – 50% company 427/213

The invoice is then matched with the bank payment in the standard way, i.e. 321/221.

The employee payroll deduction is set up as follows:

In the HR menu, on the Deductions tab, click New and select a user-defined deduction. You can rename the name and abbreviation to, for example, Multisport:

Fill in the date and the amount to be deducted from the employee, and define the type of other liability or internal document that will be generated when liabilities are generated from monthly payroll.

The posting on the liability type or internal document can be checked in the Accounting – Document Types – Other Liability Types menu, or simply by right-clicking the liability type dropdown field and selecting Open, then Edit:

Here you can change the Credit account, or alternatively the posting template that defines the Debit account:

Now, when the payroll is calculated for the given employee in the payroll update, the deduction we set up in HR will automatically be applied:

The deduction will of course also be visible on the payslip:

After generating liabilities from payroll, the liability can be found in the Accounting – Other Liabilities or Internal Documents menu, depending on the document types configured in HR.